3d Printing Market Analysis

By use of raw material the market is further sub segmented into metals, ceramics, polymers and others. End user application of 3D printing is done in industries like, consumer goods, healthcare, aerospace and automotive etc. Out which application of 3D printing in healthcare sector is expected to grow rapidly which further boosting the overall market growth of 3D printing. Aerospace and automotive are the largest end user segment and expected to grow fastest in future.

Global 3D Printing Market: Region-wise Outlook

North America is largest region in terms of market share, it is because of high development of 3D technology in this region. Also, large number of dental labs in North America is fuelling the market growth. Asia-Pacific and Europe market is also expected to grow rapidly in future. In Asia-Pacific region the largest market is Japan, it is because of favourable government policies, increasing spending of government on development of printing technology and high sale of professional-grade printers. China is second largest player in Asia-Pacific region.

Global 3D Printing Market: Drivers

Global 3D printing market is expected to grow enormously in coming years. Factors driving the growth of markets are, increasing spending by market players on product development and research & development activities, increasing regulatory support from government, growth in end user segments and ease of manufacturing. High material cost, unavailability of and poor quality of material is expected to be a restraining factor for market growth. Some other restraining factors includes, lack of talent to use and manage this technology, lack of training and lack of accessibility of technology. Technological development in healthcare industry increases the application of 3D printing, which provides good opportunity for market expansion and growth.

Product innovation and increasing spending on research & development are the major trends followed by the market players. Manufacturers are focusing on creation of low volume and low cost products which can be used across various industries. At present market is facing issues of intellectual property and copyright infringement, which should be taken into consideration by key players.

Global 3D Printing Market: Key Players

Key players into 3D printing market are Stratasys Inc., Concept Laser GmbH, 3D Systems, Inc., Arcam AB, 3D Systems Corporation, Optomec, Microtec Gesellschaft Fur Microcomputervertrieb MBH, EOS GmbH ExOne GmbH and Materialise NV. Increasing competition among these key players is expected to resulting into cost reduction of 3D printing products which will further increase product demand.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

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